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Utilities

24 stories

FIVE AT FIVE: Pennon hits shareholders for £550m, Shell upgrades and Inchcape gets the chop

Wednesday's five from The Markets

By Ian Lyall 17:00

THE BREAK-DOWN: Pennon shareholders pick up the bill for a £1bn reset

Here we take a deep dive into the day's biggest business story

By Ian Lyall 16:00

Pennon launches £550m rights issue and cuts dividend as new CEO orders investment reset

By Ian Lyall 07:25

Telecom Plus reiterates profit guidance as multiservice customer growth accelerates

By Ian Lyall 1d

Energy price cap rises 4% from October, wiping out VAT cut

By Ian Lyall 26/08

Pennon faces balance sheet pressure ahead of September strategy update

By Ian Lyall 25/08

UBS upgrades Drax but warns of delayed £325m share buyback and biomass inflation

By Ian Lyall 25/08

JP Morgan resumes Drax coverage with 960p target and 33% upside call

By Ian Lyall 21/08

Drax's renewables portfolio is undervalued, says RBC

By Jamie Ashcroft 03/08

Time to stop buying Severn Trent shares - broker

By Jamie Ashcroft 03/08

National Grid appoints UK and US presidents in management shake-up

By Oliver Haill 03/08

Bluefield Solar takeover by Drax receives UK Govt greenlight

By Jamie Ashcroft 30/07

Ofgem proposes hefty fees to purge speculative data centres from grid queue

By Oliver Haill 29/07

SSE on track for record £5 billion investment year as renewables output jumps

By Ian Lyall 16/07

Fermi to raise $350m in note offering

By Jamie Ashcroft 10/07

Severn Trent keeps 2027 targets unchanged

By Oliver Haill 09/07

Drax investors will have to look more at the back-end of this year - broker

By Jamie Ashcroft 02/07

Telecom Plus plunges on plan to invest in growing customer network

By Oliver Haill 23/06

Drax is staying on this bank's sell list despite recent deal-making

By Jamie Ashcroft 18/06

FCA drops Drax probe over biomass disclosures

By Oliver Haill 18/06